(MENAFN- GlobeNewsWire - Nasdaq) The global house and floor cleaner market is experiencing growth primarily owing to increasing urbanization and rising disposable incomes, which boost demand for cleaning products. Growing awareness of hygiene and health drives consumers to invest in effective and eco-friendly solutions. Technological innovations and expanding retail channels further enhance product accessibility and appeal, while regulatory standards support the development of safer and environmentally friendly options.Wilmington, Delaware, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, " House and Floor Cleaner Market by Type (Floor Cleaner, Specialized Cleaner and Multipurpose Cleaner), Application (Bathroom, Kitchen, Floor, Fabric and Others), and Industrial Vertical (Commercial, Household and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the global house and floor cleaner market was valued at $13.8 billion in 2023, and is estimated to reach $24.0 billion by 2033, growing at a CAGR of 5.8% from 2024 to 2033.
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Prime Determinants of Growth
The prime determinants of growth in the house and floor cleaners market include increasing urbanization, rising disposable incomes, and growing awareness of hygiene and cleanliness. Urbanization leads to more households and higher demand for cleaning products. As disposable incomes rise, consumers are willing to spend more on quality and innovative cleaning solutions. Awareness of health and cleanliness, driven by concerns over hygiene and environmental impact, further fuels demand for effective and eco-friendly products. Technological advancements in cleaning formulations and convenience features, such as multi-surface and automated cleaners, enhance product appeal. In addition, expanding retail channels, including online platforms, improve product accessibility and reach. Regulatory standards promoting safer and environmentally friendly products also influence market growth. Competitive dynamics, where companies innovate and differentiate their offerings, contribute to market expansion by attracting diverse consumer preferences and addressing emerging needs.
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2024–2033 |
| Base Year | 2023 |
| Market Size in 2023 | $13.8 billion |
| Market Size in 2033 | $24.0 billion |
| CAGR | 5.8% |
| No. of Pages in Report | 150 |
| Segments Covered | Type, Application, Industrial Vertical, and Region. |
| Drivers | Surge in awareness of hygiene and cleanliness Rise in commercial spaces requiring regular cleaning Urbanization and increasing disposable income |
| Opportunities | Development of eco-friendly and natural cleaning products Customized products for specific surfaces or cleaning needs |
| Restraint | Health risks associated with some cleaning chemicals Environmental concerns over chemical-based cleaners |
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Segment Highlights
The floor cleaners segment dominates the market in 2023
Based on type, the floor cleaners segment dominates the market owing to their fundamental role in maintaining cleanliness and hygiene across a wide range of environments, including homes, offices, hospitals, and public spaces. The high frequency of floor usage leads to constant accumulation of dirt and germs, necessitating regular cleaning. Increased awareness about health and sanitation, especially following global health concerns like the COVID-19 pandemic, has further boosted demand. In addition, the availability of diverse and specialized floor cleaning products catering to different surfaces and consumer preferences enhances their appeal and widespread adoption, solidifying their leading position in the market.
The bathroom holds the major share in 2023
Based on application, the bathroom holds the major share owing to the critical need for maintaining high hygiene standards in these spaces. Bathrooms are prone to the accumulation of germs, bacteria, and mold, making regular and effective cleaning essential. The demand is driven by the importance of disinfecting surfaces like toilets, sinks, and tiles, which are frequently exposed to moisture and organic matter. In addition, the growing consumer awareness of the health risks associated with unclean bathrooms, coupled with the availability of specialized products designed to tackle tough stains and odors, contributes to the dominance of this segment.
The commercial segment holds the major share in 2023
Based on industry vertical, the commercial segment holds the major share in the cleaning products market owing to the stringent cleanliness standards required in businesses, public facilities, and institutions such as hospitals, hotels, and offices. These environments see high foot traffic, increasing the need for frequent and thorough cleaning to maintain hygiene and safety. The commercial sector's reliance on cleaning products to prevent the spread of germs and ensure customer satisfaction drives significant demand. In addition, regulatory requirements and the growing emphasis on creating healthy work environments further propel the market for commercial cleaning products, making this segment the largest in the industry.
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The Asia-Pacific region dominates the house and floor cleaners' market in 2023
The Asia-Pacific region dominates the house and floor cleaners' market owing to its expanding urban population, increased disposable income, and increased awareness of cleanliness and hygiene. Rapid urbanization and a growing middle class contribute to higher demand for household cleaning products. In addition, strong economic growth and improving living standards have led to greater consumer spending on home maintenance. The region's diverse and dynamic market, coupled with the rise of modern retail channels and innovative cleaning solutions, further drives market growth. Competitive pricing and a wide range of products also cater to varied consumer preferences, enhancing the region's market share.
Players
Future Consumer Enterprise
The report provides a detailed analysis of these key players in the global house and floor cleaner market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, and agreements to increase their market share in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Recent Development:
In March 2020, Reckitt Benckiser launched Dettol Disinfectant Floor Cleaner as a response to the rising demand for hygiene products amid the COVID-19 pandemic.
SC Johnson launched a range of Mr Muscle floor cleaners, expanding its existing line in various markets throughout 2019.
In May 2019, SC Johnson announced a partnership with Plastic Bank to reduce plastic waste, which indirectly supported their cleaning products by emphasizing sustainability.
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